{"id":15441,"date":"2026-03-05T08:55:15","date_gmt":"2026-03-05T07:55:15","guid":{"rendered":"https:\/\/paynopain.com\/?post_type=glosario&p=15441"},"modified":"2026-03-05T08:56:22","modified_gmt":"2026-03-05T07:56:22","slug":"fintech","status":"publish","type":"glosario","link":"https:\/\/paynopain.com\/en\/glossary\/fintech\/","title":{"rendered":"Fintech"},"content":{"rendered":"

<\/span>What is a fintech?<\/b><\/span><\/h2>\n

Derived from the combination of the terms \u201cfinance\u201d and \u201ctechnology\u201d, a fintech refers to companies that apply <\/span>innovative digital technology to offer financial products and services<\/b> for both businesses and users.<\/span><\/p>\n

This sector ranges from online banking to <\/span>digital payment solutions<\/span><\/a> based on more advanced technologies. In addition to the diversity of services they provide, fintech companies can also operate across a broad network of markets and audiences, offering services to public institutions, companies, non-profit organizations, or individuals. <\/span>PayPal<\/span><\/a>, Revolut, or <\/span>Bizum<\/span><\/a> are just some examples of fintech brands widely recognized by users.<\/span><\/p>\n

<\/span>The fintech ecosystem in Spain<\/b><\/span><\/h2>\n

In most cases, when we talk about fintech companies, we refer to businesses that were born as startups, meaning emerging companies closely linked to digital and technological development, in this case within the financial sector. According to the most recent data from the Bank of Spain, there are <\/span>421 fintech companies<\/b> with nearly 7,000 employees.<\/span><\/p>\n

Most Spanish fintech companies are micro-enterprises, representing 35.63% of the total. Small companies account for 16.15%, while large and medium-sized companies represent 14.01% and 4.04%, respectively.<\/span><\/p>\n

<\/span>What do fintech companies contribute?<\/b><\/span><\/h2>\n

Fintech companies stand out for offering their clients and users:<\/span><\/p>\n